West Coast Paper Mills Limited
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West Coast Paper Mills Limitedreversal from support line in West Coast Paper Mills Limited multiple times
WESTCOAST MINIMUM 48% ABOVE 286TRADE wisely.
WE CAN JUST PREDICT.
Disclaimer: I am not a SEBI registered advisor , so before entering on my view plz ask your SEBI Registered Advisor . Profit is your and loss is your.
PLEASE LIKE AND SHARE IF YOU AGREE WITH THE IDEA
Low Risk Set Up ✌✌✌This scrip is choosen for low risk set up as it had formed a beautiful pattern. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
West Coast Paper - Multi year weekly closing highWest Coast Paper gave its highest weekly close since January 2019.
The stock has decisively crossed and closed above the long term weekly resistance level of 265-266.
We also have a potential Weekly Golden Cross coming up next week (golden coloured MA crossing the green coloured MA)
At the same time, overhead resistance at 295-298 (blue TL) can possibly lead to slightly extended consolidation/sideways movement.
One can either buy West Coast Paper at cmp or wait till the stock gives a daily close above 295. In any case, West Coast paper is a great short to medium term buy with minimal risk and significant upside.
Target: 348-370-394 and beyond
SL : 265 WCB
TF: 1-3 months
West Coast Paper Breakout Swing TradeNSE:WSTCSTPAPR Levels are Mentioned in the chart... Good for Swing trading...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
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3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
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West Coast Paper, Huge volume activity below majot resistenceClear Rounding bottom visible.
Huge Volume activity just below major 2 year old resistance.
Expect a sharp move.
Rest all observations on chart.
West Coast Paper Mills Limited Long SetupBuy West Coast Paper Mills Limited at 280 with Stop loss of 225 for the target of 335 and 390
West Coast Paper- Cup and HandleWest Coast Paper is forming cup and handle pattern in daily chart. Currently at resistance point in weekly chart. Once 270 is crossed on WCB, it can move towards 395-400 levels.
SL- 200 WCB(200 EMA support)
cup & handle pattern ready for breakoutkeep eye if break 268 then expect good buying this is only for information idea we not response any profit loss
i m not sebi reg
WEST COAST PAPER MILLS | CHART#14West Coast Paper Mills Ltd. engages in the production of paper for printing, writing, and packaging. It operates through the following segments: Paper, Cables, and Others.
*Stock Analysis*
-- Stock is progressing for a breakout at 185 levels. If it sustains then it can move up to 200 levels.
-- Good Volume confirmation
-- RSI Indicator above 50(on Daily chart ), and pointing steep : shows a buy sign
-- Once it touch 200 level there is a possibility of retracement up to 185 levels to take support.
-- moving average crossover done.
*Important Levels to Watch*
-- Entry @ CMP
-- Target @ 200
-- SL @ 165 and after breakout put trailing SL
Good Luck Investors❗
-GokulHari
WSTCSTPAPR - BuyStock has resumed the up trend by making HH and HL.
Buy 50% here and 50% if the stock pull back to BO area. SL as highlighted in the chart.
Trendline analysis of WSTCSPAPRQuick move after triangle squeeze
Fair Fundamental
valuation Good
RR favorable
West Coast Paper>> West coast paper is in uptrend from several sessions.
>> We observe W chart pattern on daily basis and also found that today price break the falling window, which is positive for buyers.
>> Stock is continuously trading above 20 EMA with substantial rise in volume and RSI above 60 is giving bullish indication.
>> If price fail to sustained at higher level than price may pullback to the mean reversion and this is again good entry point to buy on dip
after forming bullish candlestick.
>> If we forecast the current chart structure than it found bullish . What if price start falling from current level than price may go down
up to the rising trend line and take support from level. At that particular moment we will observe that ascending triangle chart may develop,
which is again bullish.
Buy above 230
Buy on dip 212 - 207
Stop Loss below 195
Target 247 & 268
WSTCSTPAPR #SWINGWstcstpapr shows a break above the trend line with volume, will be good for a swing
Exactly at supportBreakout of the support and now is the pull back.. Good opportunity to buy will minimum Stoploss.
Targets and Sl are mentioned on chart.
